Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the dividend payout ratio high or low?
The dividend payout ratio of 50.17% is in line with its 5-year average of 47.66%, near the low end of its 5-year range (19.52%–164.27%).
As of Wednesday, September 9, 2026. 3.79% below its 12-month average of 52.14%.
Dividend Payout Ratio (50.17%) = TTM Dividends/Share ($1.50) / TTM EPS ($2.99)
Trailing-12-month dividend payout ratio; raw quarterly payout is intentionally not charted. Historical series through 2026-09-09.
DIVIDEND PAYOUT RATIO
50.17%
DIVIDEND PAYOUT RATIO AVG TTM
52.14%
DIVIDEND PAYOUT RATIO AVG 3Y
58.53%
DIVIDEND PAYOUT RATIO AVG 5Y
47.66%
DIVIDEND PAYOUT RATIO AVG 10Y
46.16%
DIVIDEND PAYOUT RATIO AVG 15Y
47.74%
DIVIDEND PAYOUT RATIO AVG 20Y
45.12%
CURRENT VS TTM AVG
-3.79%
CURRENT VS 3Y AVG
-14.29%
CURRENT VS 5Y AVG
+5.25%
CURRENT VS 10Y AVG
+8.69%
CURRENT VS 15Y AVG
+5.08%
CURRENT VS 20Y AVG
+11.19%
| Fiscal year end | EPS | Dividends (FY) | Payout Ratio |
|---|---|---|---|
| 2025-09-30 | $3.15 | $1.50 | 47.6% |
| 2024-09-30 | $1.27 | $1.50 | 118.1% |
| 2023-09-30 | ($7.16) | $1.47 | N/A (Loss) |
| 2022-09-30 | $5.11 | $1.41 | 27.6% |
| 2021-09-30 | $7.02 | $1.35 | 19.2% |
| 2020-09-30 | $2.55 |
The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DIVIDEND PAYOUT RATIO |
|---|---|
| 2026-09-09 | 50.17% |
| 2026-09-08 | 50.17% |
| 2026-09-04 | 50.17% |
| 2026-09-03 | 50.16% |
| 2026-09-02 | 50.18% |
| 2026-09-01 | 50.18% |
| 2026-08-31 | 50.17% |
| 2026-08-28 | 50.16% |
| 2026-08-27 | 50.18% |
| 2026-08-26 | 50.17% |
| 2026-08-25 | 50.18% |
| 2026-08-24 | 50.16% |
| 2026-08-21 | 50.16% |
| 2026-08-20 | 50.16% |
| 2026-08-19 | 50.16% |
| 2026-08-18 | 50.17% |
| 2026-08-17 | 50.19% |
| 2026-08-14 | 50.17% |
| 2026-08-13 | 50.16% |
| 2026-08-12 | 50.17% |
| 2026-08-11 | 50.17% |
| 2026-08-10 | 50.18% |
| 2026-08-07 | 50.16% |
| 2026-08-06 | 52.64% |
| 2026-08-05 | 52.63% |
| 2026-08-04 | 52.62% |
| 2026-08-03 | 52.63% |
| 2026-07-31 | 52.62% |
| 2026-07-30 | 52.61% |
| 2026-07-29 | 52.61% |
| 2026-07-28 | 52.63% |
| 2026-07-27 | 52.62% |
| 2026-07-24 | 52.64% |
| 2026-07-23 | 52.61% |
| 2026-07-22 | 52.62% |
| 2026-07-21 | 52.62% |
| 2026-07-20 | 52.64% |
| 2026-07-17 | 52.64% |
| 2026-07-16 | 52.63% |
| 2026-07-15 | 52.64% |
| 2026-07-14 | 52.64% |
| 2026-07-13 | 52.63% |
| 2026-07-10 | 52.65% |
| 2026-07-09 | 52.65% |
| 2026-07-08 | 52.64% |
| 2026-07-07 | 52.65% |
| 2026-07-06 | 52.62% |
| 2026-07-02 | 52.62% |
| 2026-07-01 | 52.65% |
| 2026-06-30 | 52.63% |
| 2026-06-29 | 52.62% |
| 2026-06-26 | 52.62% |
| 2026-06-25 | 52.65% |
| 2026-06-24 | 52.64% |
| 2026-06-23 | 52.62% |
| 2026-06-22 | 52.65% |
| 2026-06-18 | 52.62% |
| 2026-06-17 | 52.65% |
| 2026-06-16 | 52.63% |
| 2026-06-15 | 65.81% |
| 2026-06-12 | 52.63% |
| 2026-06-11 | 52.63% |
| 2026-06-10 | 52.64% |
| 2026-06-09 | 52.63% |
| 2026-06-08 | 52.65% |
| 2026-06-05 | 52.64% |
| 2026-06-04 | 52.65% |
| 2026-06-03 | 52.64% |
| 2026-06-02 | 52.62% |
| 2026-06-01 | 52.65% |
| 2026-05-29 | 52.62% |
| 2026-05-28 | 52.61% |
| 2026-05-27 | 52.62% |
| 2026-05-26 | 52.62% |
| 2026-05-22 | 52.64% |
| 2026-05-21 | 52.65% |
| 2026-05-20 | 52.63% |
| 2026-05-19 | 52.64% |
| 2026-05-18 | 52.63% |
| 2026-05-15 | 52.65% |
| 2026-05-14 | 52.65% |
| 2026-05-13 | 52.65% |
| 2026-05-12 | 52.64% |
| 2026-05-11 | 52.65% |
| 2026-05-08 | 52.63% |
| 2026-05-07 | 55.37% |
| 2026-05-06 | 55.35% |
| 2026-05-05 | 55.37% |
| 2026-05-04 | 55.36% |
| 2026-05-01 | 55.34% |
| 2026-04-30 | 55.36% |
| 2026-04-29 | 55.34% |
| 2026-04-28 | 55.36% |
| 2026-04-27 | 55.36% |
| 2026-04-24 | 55.34% |
| 2026-04-23 | 55.36% |
| 2026-04-22 | 55.35% |
| 2026-04-21 | 55.37% |
| 2026-04-20 | 55.36% |
| 2026-04-17 | 55.34% |
| 2026-04-16 | 55.36% |
| 2026-04-15 | 55.35% |
| 2026-04-14 | 55.36% |
| 2026-04-13 | 55.36% |
| 2026-04-10 | 55.35% |
| 2026-04-09 | 55.34% |
| 2026-04-08 | 55.33% |
| 2026-04-07 | 55.35% |
| 2026-04-06 | 55.33% |
| 2026-04-02 | 55.36% |
| 2026-04-01 | 55.35% |
| 2026-03-31 | 55.35% |
| 2026-03-30 | 55.36% |
| 2026-03-27 | 55.34% |
| 2026-03-26 | 55.36% |
| 2026-03-25 | 55.37% |
| 2026-03-24 | 55.34% |
| 2026-03-23 | 55.36% |
| 2026-03-20 | 55.33% |
| 2026-03-19 | 55.34% |
| 2026-03-18 | 55.37% |
| 2026-03-17 | 55.37% |
| 2026-03-16 | 69.18% |
| 2026-03-13 | 55.35% |
| 2026-03-12 | 55.35% |
| 2026-03-11 | 55.35% |
| 2026-03-10 | 55.35% |
| 2026-03-09 | 55.34% |
| 2026-03-06 | 55.35% |
| 2026-03-05 | 55.35% |
| 2026-03-04 | 55.34% |
| 2026-03-03 | 55.34% |
| 2026-03-02 | 55.35% |
| 2026-02-27 | 55.33% |
| 2026-02-26 | 55.36% |
| 2026-02-25 | 55.36% |
| 2026-02-24 | 55.37% |
| 2026-02-23 | 55.35% |
| 2026-02-20 | 55.35% |
| 2026-02-19 | 55.35% |
| 2026-02-18 | 55.37% |
| 2026-02-17 | 55.35% |
| 2026-02-13 | 55.34% |
| 2026-02-12 | 55.36% |
| 2026-02-11 | 55.36% |
| 2026-02-10 | 55.36% |
| 2026-02-09 | 55.36% |
| 2026-02-06 | 55.37% |
| 2026-02-05 | 48.22% |
| 2026-02-04 | 48.24% |
| 2026-02-03 | 48.21% |
| 2026-02-02 | 48.22% |
| 2026-01-30 | 48.24% |
| 2026-01-29 | 48.21% |
| 2026-01-28 | 48.22% |
| 2026-01-27 | 48.22% |
| 2026-01-26 | 48.22% |
| 2026-01-23 | 48.22% |
| 2026-01-22 | 48.22% |
| 2026-01-21 | 48.24% |
| 2026-01-20 | 48.24% |
| 2026-01-16 | 48.21% |
| 2026-01-15 | 48.23% |
| 2026-01-14 | 48.24% |
| 2026-01-13 | 48.25% |
| 2026-01-12 | 48.21% |
| 2026-01-09 | 48.23% |
| 2026-01-08 | 48.23% |
| 2026-01-07 | 48.22% |
| 2026-01-06 | 48.23% |
| 2026-01-05 | 48.24% |
| 2026-01-02 | 48.23% |
| 2025-12-31 | 48.25% |
| 2025-12-30 | 48.22% |
| 2025-12-29 | 48.23% |
| 2025-12-26 | 48.22% |
| 2025-12-24 | 48.24% |
| 2025-12-23 | 48.25% |
| 2025-12-22 | 48.23% |
| 2025-12-19 | 48.23% |
| 2025-12-18 | 48.22% |
| 2025-12-17 | 48.24% |
| 2025-12-16 | 48.23% |
| 2025-12-15 | 60.29% |
| 2025-12-12 | 48.25% |
| 2025-12-11 | 48.23% |
| 2025-12-10 | 48.22% |
| 2025-12-09 | 48.24% |
| 2025-12-08 | 48.24% |
| 2025-12-05 | 48.23% |
| 2025-12-04 | 48.25% |
| 2025-12-03 | 48.22% |
| 2025-12-02 | 48.23% |
| 2025-12-01 | 48.25% |
| 2025-11-28 | 48.24% |
| 2025-11-26 | 48.25% |
| 2025-11-25 | 48.23% |
| 2025-11-24 | 48.24% |
| 2025-11-21 | 78.93% |
| 2025-11-20 | 78.95% |
| 2025-11-19 | 78.96% |
| 2025-11-18 | 78.95% |
| 2025-11-17 | 78.95% |
| 2025-11-14 | 78.96% |
| 2025-11-13 | 78.95% |
| 2025-11-12 | 78.95% |
| 2025-11-11 | 78.95% |
| 2025-11-10 | 78.97% |
| 2025-11-07 | 78.95% |
| 2025-11-06 | 78.94% |
| 2025-11-05 | 78.96% |
| 2025-11-04 | 78.96% |
| 2025-11-03 | 78.94% |
| 2025-10-31 | 78.93% |
| 2025-10-30 | 78.93% |
| 2025-10-29 | 78.95% |
| 2025-10-28 | 78.95% |
| 2025-10-27 | 78.93% |
| 2025-10-24 | 78.96% |
| 2025-10-23 | 78.94% |
| 2025-10-22 | 78.93% |
| 2025-10-21 | 78.96% |
| 2025-10-20 | 78.94% |
| 2025-10-17 | 78.96% |
| 2025-10-16 | 78.94% |
| 2025-10-15 | 78.96% |
| 2025-10-14 | 78.93% |
| 2025-10-13 | 78.94% |
| 2025-10-10 | 78.96% |
| 2025-10-09 | 78.95% |
| 2025-10-08 | 78.94% |
| 2025-10-07 | 78.93% |
| 2025-10-06 | 78.94% |
| 2025-10-03 | 78.95% |
| 2025-10-02 | 78.95% |
| 2025-10-01 | 78.96% |
| 2025-09-30 | 78.97% |
| 2025-09-29 | 78.93% |
| 2025-09-26 | 78.95% |
| 2025-09-25 | 78.95% |
| 2025-09-24 | 78.95% |
| 2025-09-23 | 78.96% |
| 2025-09-22 | 78.96% |
| 2025-09-19 | 78.97% |
| 2025-09-18 | 78.95% |
| 2025-09-17 | 78.93% |
| 2025-09-16 | 78.94% |
| 2025-09-15 | 98.68% |
| 2025-09-12 | 78.93% |
| 2025-09-11 | 78.94% |
| 2025-09-10 | 78.95% |
| 2025-09-09 | 78.97% |
| 2025-09-08 | 78.94% |
| 2025-09-05 | 78.93% |
| 2025-09-04 | 78.97% |
| 2025-09-03 | 78.93% |
| 2025-09-02 | 78.96% |
| 2025-08-29 | 78.94% |
| 2025-08-28 | 78.97% |
| 2025-08-27 | 78.96% |
Showing the most recent 260 of 2,494 data points. The chart above shows the full history.
| $1.31 |
| 51.4% |
| 2019-09-30 | $1.44 | $1.15 | 79.5% |
| 2018-09-30 | $4.13 | $1.02 | 24.7% |
| 2017-09-30 | $2.51 | $0.97 | 38.8% |
| 2016-09-30 | $2.11 | $0.93 | 44.1% |
| 2015-09-30 | $1.62 | $0.89 | 54.9% |
| 2014-09-30 | $1.95 | $0.79 | 40.6% |
| 2013-09-30 | $1.63 | $0.74 | 45.2% |
| 2012-09-30 | $1.24 | $0.71 | 57.0% |
| 2011-09-30 | $1.47 | $0.68 | 46.3% |
| 2010-09-30 | $1.59 | $0.60 | 37.7% |
| 2009-09-30 | $1.59 | $0.52 | 33.0% |
| 2008-09-30 | $1.34 | $0.50 | 37.6% |
| 2007-09-30 | $1.28 | $0.48 | 37.6% |
| 2006-09-30 | $1.11 | $0.46 | 41.4% |
| 2005-09-30 | $1.21 | $0.43 | 35.9% |
| 2004-09-30 | $0.79 | $0.40 | 50.5% |
| 2003-09-30 | $0.78 | $0.38 | 48.3% |
| 2002-09-30 | $0.61 | $0.36 | 59.2% |
| 2001-09-30 | $0.47 | $0.35 | 74.5% |
| 2000-09-30 | $0.36 | $0.34 | 94.2% |
| 1999-09-30 | $0.39 | $0.33 | 83.8% |
| 1998-09-30 | $0.27 | $0.32 | 119.3% |
| 1997-09-30 | $0.35 | $0.32 | 90.8% |
| 1996-09-30 | $0.26 | $0.31 | 120.5% |
